Tag: domestic industry harm

Trump says the ultimate fruits of tariffs will be worth the pain. Experts disagree.

MarketMarch 31, 2025

President Donald Trump’s widening global trade war has clobbered the stock market, raised the odds of a U.S. recession and started to push up inflation for American households with the prospect of much...

Japan’s Nikkei closes near 8-month low on US tariff jitters

StocksMarch 31, 2025

Japan's Nikkei share average closed near an eight-month low on Monday, following sharp losses on Wall Street in the previous session, as investors assessed the risk of imminent U.S. trade tariffs. The Nikkei fell 4.05%...